Modi's US Visit: India as Global Manufacturing Hub

PM Narendra Modi's US state visit seeks to bolster India's role as a manufacturing alternative to China. New deals, including Tesla's promised investment and approval for military engine production, underpin India's growing economic importance.

Modi's US Visit: India as Global Manufacturing Hub
MANDEL NGAN/AFP via Getty Images

Indian Prime Minister Narendra Modi's visit to the US aims to strengthen economic ties, focusing on deepening India's role as a diversified manufacturing hub amid tensions between the US and China. Companies like Apple have already moved some production to India and around 60 Fortune 500 firms are run by Indian-origin CEOs. New investment promises from Tesla and permissions for manufacturing military jet engines are expected from this visit, affirming India's growing strategic and economic importance.

Source: MorningBrew

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